Shoe Carnival (SCVL) Reports In-Line Q4 EPS, Tops on Revenue; Offers Guidance

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Shoe Carnival Reports Fourth Quarter and Fiscal 2023 Results

March 21, 2024 6:10 AM EDT

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (Nasdaq: SCVL) (the Company), a leading retailer of footwear and accessories for the family, today reported results for the fourth quarter and fiscal year ended February 3, 2024 (Fiscal 2023) and provided annual guidance for its fiscal year ending on February 1, 2025 (Fiscal 2024).

Net sales achieved at the high end of the Companys expectation, totaling $280.2 million in fourth quarter 2023 and $1.176 billion in Fiscal 2023. EPS achieved at the mid-range of the Companys expectation with fourth quarter 2023 GAAP EPS of $0.57 and Adjusted EPS of $0.59; Fiscal 2023 GAAP EPS of $2.68 and... More